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Stablecoin Coordination

The institutional coordination layer for USDT, USDC, and RLUSD inventory across venues, counterparties, and chains.

The Digital Dollar Network

The Coordination Layer
for Digital Dollar Inventory

Stablecoin desks operate continuously. Inventory moves across venues, counterparties, and chains in structured, recurring workflows. No platform in the institutional market is built specifically for this. Railr is.

Inventory SourceRailrCounterparty Liquidity
Inventory RFQ
14:32 UTC

Sell

25M USDT

Buy

25M USDC

Window

15 min

Partial fills accepted·T+0 settlement

LP Responses

3/8

Alpha MM

$10M

0.9994

Sigma Trading

$10M

0.9993

Delta Desk

$5M

0.9992

Aggregate Fill

25M USDT → 24,983,750 USDC

Blended rate

0.9994

Liquidity MapIndicative depth
USDTUSDC
5 bps$140M
USDCRLUSD
4 bps$65M
USDTRLUSD
8 bps$48M
USDCUSDT
5 bps$120M

$8M USDT → USDC filled in 5.2s

LP Demand FeedRecent requests
USDT → USDC
$8M2m ago
USDT → RLUSD
$15M4m ago
USDC → USDT
$3M7m ago
USDC → RLUSD
$22M11m ago
USDT → USDC
$6M14m ago

Traditional FX

USD ↔ EURUSD ↔ JPYEUR ↔ GBP

Railr

USDT ↔ USDCUSDT ↔ RLUSDUSDC ↔ RLUSD

Structured conversion liquidity is coordinated at institutional scale for digital dollars, the same function FX desks perform for fiat.

Exchange collateral management

Rebalance between USDT and USDC to meet margin and collateral requirements across trading venues.

Treasury balancing

Convert stablecoin holdings across issuers to reduce counterparty concentration and maintain liquidity.

Market making inventory

Replenish stablecoin inventory across venues to sustain two-sided market making at scale.

Cross-chain liquidity

Coordinate stablecoin inventory across chains where direct conversion markets are thin or absent.